next week. what's the intended timeline for passage in the house? aaron: ultimate passage i think would be week after next. committee passage is on tap for i think, members are not scheduled to be in on friday. they have a day off for veterans day. the week they come back after veterans day, that's when this is expected to get to the house floor. what you can read more political.com, his covering of what you can follow, along with his reporting

>> house republicans leaders announced their tax reform plan, tax cuts, and job plans.

mr. ryan: good morning first i want to thank these families for taking time out of their day to join us. welcome. it is great to have you here with us today. fantastic. you are who this is all about. this plan is for the middle class families in this country who deserve a break. it is for the families who are out there living paycheck to paycheck who just keep getting squeezed. half the country today is living paycheck to paycheck and a lot more people are about a paycheck away from living paycheck to paycheck in this country. and this is going to help give people relief. the tax cut and jobs act will deliver real relief for people in the middle. people who are also striving to get there. with this plan, the typical family of four will save $1,182 a year on their taxes.

.a year on their taxes. for many families having an additional $1,182 more will make a real difference. that $1,182 more covers about a year's worth of gas for your car. it covers your family's phone bill for the year. depending how much data your kids use. [laughter] $1,182 more, it can help you bay pay down your debt faster, renovate your home faster. that will help you put more money away for college, help you save for retirement. help you save for a rainy day. with this plan, we're getting rid of loopholes for special interests and we're leveling the playing field. we're making things so simple. we're making things so simple you can do your taxes on a form the size of a postcard. with this plan, we're making pro-growth reforms so that, yes, america can compete with the rest of the world.

we're also making it so that families like these that are here can have more take-home pay. this is it. this is a very important and special moment for our country, for all americans. are we going to let the defenders of the status quo win and see our country continue down this spiral, or are we going to realize the promise of our country? this is our chance to make sure that generations to come don't just get by, they get ahead in this country. let me turn this over to the person who has led this effort, i am so proud of this man and this committee in this room. i want to turn it over to the chairman of the ways and means committee, i want to thank all of the members of the ways and means committee for bringing us to where we're, for getting us to this point. ladies and gentlemen, the leader of this moment, kevin brady, chairman of the ways and means [applause] -- kevin brady, chairman of the

ways and means committee. [applause] mr. brady: thank you, mr. speaker. thank you, the american families standing with us today. thank you as well the ways and means committee members who have been listening and traveling across this country for this historic day. this is an exciting day and i can think we all feel excitement here in this room and here in this country. i know the american people have got to be excited as well. real relief from today's complex unfair tax code is on the way. with this bill, there's relief for real american families. there's relief for american workers. and there's tax relief for hardworking job creators of all sizes. and with this bill, we will grow our economy by delivering more jobs, fairer tax, and bigger paychecks to americans of all walks of life.

that's especially true for low and middle income americans who are just sick of today's broken tax code. its impact on their jobs, their lives, and their paychecks. under the tax cuts and jobs act, that's going to change. it's going to change right now. for a middle income family of four making $59,000 a year, as the speaker said, this bill delivers tax cuts of nearly $1,200. for that main street business making $52,000 a year, working day and night and weekends, a tax cut of over $3,000 for that main street business. that's your money. you earned it. you deserve to keep it. you should be able to use it for whatever you want. that's what this bill will do and that's why the tax cut and jobs act has president trump's full support. this is it, america. this is our opportunity to make tax reform a reality and deliver

the most transformational tax cut in a generation. let's not let washington's special interests, the tv pundits, or the pessimists fool you. none of them thought we would even get this far with tax reform, and they're wrong. now working together with president trump, our colleagues in the house and senate, and you, the american people, we're going to prove them wrong once and for all by getting pro-growth tax reform to the president's desk this year. thank you. [applause] [no audio] -- [applause] mrs. mcmorris rodgers: thank you, chairman brady, for your tremendous leadership. all the members of the ways and means committee. the speaker said this is a special moment.

we're going to make our economy boom for the average family of four. that median income earner in america making $59,000, we're talking about $1,182 in your pocket. think about the holidays right around the corner, what that means in your life. as i travel around eastern washington and visit towns and communities and just recently i was down in north carolina and in michigan, you think about $1,182 for someone who is living paycheck to paycheck. someone in kettle falls, that's making a big difference. or families like dee cook from michigan, maybe they could put more money towards their mortgage. or victor, he's a restaurant

owner in michigan and he says, quote, we pay our taxes first. we pay our people second. we pay our bills third. and then if anything's left over, we get paid. our plan's going to help people like victor. our plan also means more peace of mind to spend more time with your kids, or maybe your aging parents. or maybe just hang out with your friends. our plan is pro-family and it's pro-economic growth. because we value hard work and family. so if we're going to have a tax code that puts families first, i think we also need to recognize that today's working american family has really changed since our tax code was last reformed. with that comes big change that the realities of our families face every day. for one, women today are making history in the work force. two out of three businesses are being started by women. this means a lot of things. it includes an increase of working moms like some that are represented here today. we, too, are the faces of tax reform. that's why i'm pleased our plan includes an expansion of the child tax credit. a family credit that's going to help families have more money in their pocketbooks. pro-families, pro-growth. that's what this plan is all about. you can plan for your future, realize your fullest potential, and empower american families to start dreaming again. to see how tax reform, 50589. [laughter] >> i like it.

.>> this is an important day and i hope you understand the significance of it. mr. mccarthy: for every member this could really become the most significant bill they ever make a decision in their term in congress. more than three decades for the last time we had tax reform this size. the american public has been asking for it. i think it's a little ironic that today is the seventh anniversary of republicans being elected to the majority in the house, and then moving to the senate, and now we have a president who has pushed to make sure hardworking americans get to keep more of what they earn. three major points i want to make. when i was 20 years old i started my first small business. small business creates more jobs than any other thing in america. in this bill you'll get lower taxes go to 25%, the lowest it's been in 40 years. more small businesses, more jobs. second, every single american is going to keep more of what they earn.

the single american when you talk about a standard deduction, instead of the first $6,000 you earn tax free, it's $12,000. these families and couples, the first $24,000 you earn, tax free. you get to keep it. you get to determine what's best to invest. we're going to bring the money sitting overseas back to invest in american businesses. even before this bill goes into effect, i believe you're going to hear from businesses saying they want to come back to america. the cornerstone of what ways and means and what president trump has worked so hard about, at the end of the day is that middle class family able to get more? as you heard from every other speaker up here, almost $1,200 in your pocket.

that's the difference. this is about tax cuts. this is about america first. and this is about the future. not only will america grow, we'll show the rest of the world how to leave. i want to introduce one of those individuals who got elected seven years ago, who became a leader on ways and means, and has really shown the direction of so much in this bill, kristi noem. mrs. noem: thank you, mr. mr. leader. some time ago i was grocery shopping about is 1:00 at night. a woman comes down and has a handful of coupons and said kristi, when will it get better? she said health care has gone up. i had to car-pool in town tonight to go to work and waiting for my friend to give me a ride home. that's means i miss my son's basketball game, daughters' doctor appointment.

when will it get better? today i know this bill will bring relief to her. she was in the forefront of my mind when we were working on the details of this package. the lower rates for everybody. the simplicity. the mortgage interest rates deductions. the family tax credit i hope you understand how much it's pan expanded to not just take into account child tax credit but add benefits for also elderly, dependents in the home, children living in the home that are going to college and really provide relief for those families that are struggling. then also starting january their paychecks will be bigger. that's going to make a huge difference for them. i became passionate about tax reform years ago. and it was because when i was going to college my dad was killed in an accident on our family farm. he was 49 years old. he was my hero and my entire life all i wanted to do was grow up and farm with him. when he was killed about a month later we got a bill in the mail

from the i.r.s. that said we owed death taxes. now, we had land. we had cattle. we had machinery. we didn't have any money in the bank. i could not believe that the federal government would come to family that had already paid taxes on all that income, and say because had you a tragedy, now you have to pay again. we took out a loan, but it took us 10 years to pay off that loan. and it was very difficult for us to keep our family operation. if we had a gas station, or a grocery store the only option that would have been available to us would have been to sell that family business to pay those taxes. i ran for the state legislature. i ran for congress on a lot of issues. but repealing the death tax is incredibly important to me. it's an unfair tax in our tax code. it's a double tax f we're going to get back to a tax code that helps people and doesn't harm them. that's fair. that doesn't have special provisions or penalties by us

picking winners and losers, then we have to real the death tax. so i'm excited about the provisions in this bill and what it does for people in all walks of life, but its focus on bringing leaf to low and middle income individuals. and also focusing on interest deductibility for farms and ranchers across the state and other provisions that will allow them to bring down their rates while they are being successful and helping our economy grow again. this is a unique opportunity for me, unique opportunity for you. and it's a wonderful opportunity for our country. i'm thrilled to be a part of it. mr. scalise: this is an exciting day for american families who are tired of paying taxes and fed up a tax code so complicated if you call 10 different i.r.s. agents you get 10 different answers. people are fed up with an economy that's not growing. where they see their wages stagnant.

and the good news is that changes today with this tax cut plan that finally puts money back in the pockets of working families. if you look at what was done here, chairman brady and his committee on ways and means have worked incredibly hard to make sure that hardworking families are going to get more of their paychecks. they are going to be able to keep more money. are you going to see wages grow by getting our economy back on track. look, every time i see a company moving jobs overseas, it makes me angry.

we can be angry. we can be mad. but today we do something about it. by changing the tax code we actually bring those jobs back to america. you are going to see tens of thousands of high-paying jobs come back to america because right now america's dead last in the industrialized world because we have the highest tax rate. that needs to change. let's make america competitive again. that's what our bill does. by making america competitive again, we have an opportunity to rebuild the middle class, to bring good jobs back to america, and grow our economy. just like these families behind me, they want to see more money in their pockets. they deserve to have more shots at the american dream. are you going to see more people have real opportunity and have a real chance to get their piece of the american dream by having more money in their pockets and by seeing things like the death tax eliminated. this is an exciting day not only because we're standing here today as republicans in the house moving forward, but president trump is standing with us. president trump campaigned on doing this exact same thing of putting money back in the pockets of hardworking families and to make sure we can rebuild our middle class and get our economy back on track. so it's exciting to be working with president trump to do

something that's truly going to grow our economy and give more people a chance to have their peace of the american dream. now i'd like to turn it over to peter roskam, a leader on the ways and means committee, and helping make sure we can simplify this tax code so much that you can actually fill out over 90% of americans will be able to fill out their taxes on a postcard. that's what simplicity means. not only having more money in your pocket, but being able to do this. peter> . believe that there for you. >> thank you, mr. witt. you notice the children will be -- are impatient with tax reform. we're're going after is directly attacking the status quo. the status quo of the internal revenue code is the problem it is the view that benefits under the status quote -- the few that benefit under the status quo and everyone else feels crushed and overwhelmed. we ask historically this is a natural disaster that we cannot do anything about. it is not. it is a statute.

it was created by congress, and it can be changed by congress. what you sense right now, the optimism here on this , is people are longing for something that gives them really they are longing for some -- release -- relief. there are longing for something that gives them back the competitive nature. one view is wrong. it is the zero sum game view of the economy. it's as if someone is accessible, it comes at someone else's demise. we reject wholeheartedly. the other view says when people are successful, it enters the benefits everyone. we are sensitive to making sure everyone can participate, and that added structure, the changes we are proposing our transportation for everyone.

i think what need to do now is to be diligent, to be convincing, to the invitational, and recognize that opportunities like this are few and far between. i want to thank our speaker and adership team for being tenacious and willing to listen to changes in here criticisms. ultimately to be incredibly disciplined and persevering to make sure we have the opportunity to determine our future. >> these kids are behaving better than my kids are doing at church. [laughter] fantastic job, guys. any questions? [indiscernible]

>> we are focused on increasing paychecks in a major way. we know the family to struggle the most have seen their paychecks leave for other countries. we drove toward a 20% rate so our local businesses could compete and win anywhere in the world, especially here at home. so they can compete and create jobs here in america. thats critically important the rest of the world understands we are not going to be the doormat any longer. we're not going to stand still for 30 years as they leave us in the dust. and ourcompete and win, jobs and paychecks will grow. we did create in this new family h i think youc ought to take a close look at -- we are not only giving them more

help for their child but more help for themselves. the college kid -- and i have going home -- or that parent coming back to live. the poster important thing about the family credit is it doubles the amount of americans who can finally get help with their kids. ly taxs a family-friend code. i'm excited with the springs middle-class americans. i think forward and drives that growth. >> for years, you and other republicans have argued all americans have wanted a tax-cut. but some of this in the bill is for torque will influence people

in dutch and leaves people with an uncertain position on the income scale. strong andl will is you can see it right here. we have not reformed the tax code since 1986. the world is passing this country by and we are losing jobs and companies as a result of it. the political will among the members here in the house is shown by the members of the ways and means committee is ironclad to get this done because if we do not do this we will not get the potential we can reach. the people living paycheck to paycheck need a break. the focus is on middle-class tax relief. reliefn breaking the tax so the people in the middle can get there. that is why we put the emphasis on that tax relief for the people in the middle, who are working paycheck to paycheck striving to get ahead. kevin just said, we have got to modernize our tax codes so we can be competitive again and

keep jobs in this country and businesses in this country. we have seen a flurry of u.s. companies moving overseas and becoming foreign companies. solely increase if we stay at the back of the pack. why we have to work quickly to level the playing field and make it more fair so we can get bigger paychecks, more jobs and keep businesses in america and get them coming back home. keep it there because their tax was basically do not let you bring it back. this levels the playing field and gets the money back into our country to invest in our jobs here. that is what republicans are absolutely committed to doing this. >> the bush tax cuts to not result in growth or higher wages or more jobs. wife is going to be any different -- why is this going to be any different? >> to the speaker just sound

like a former chairman of the ways and means committee. >[inaudible] >> this is a complete redesign of the code so we can simplify it so much that nine of 10 americans can file using a postcard style system, lowering the rate, protecting more of the first dollars you earn, making sure you have strong middle-class relief. it is more than that. we propose to drive in your tax cut that can compete and win against any country in the world. it is redesign for simplicity, fairness. i predict under this plan,

america will evolve from 31st in forworld to the top three the best place on the planet for the next new job and research headquarters. that is what is different. >> is we can get this done -- >> what is your second question? [laughter] >> the american people are counting on us. we are going to get this done because we told the american people this is what we are going to do if we get the majority. and guess what? we are doing it. thank you, everybody. i appreciate it. [applause]

we will hear more from the chair of the ways and means committee in the morning, when he sits down with jay chairman and anna palmer at 11:50 a.m. eastern. you can watch that on c-span 2, great online at c-span.org, or streaming on the c-span map] the capital, democratic leaders on the house and senate republican -- responded during a press conference.